Altria has other opportunities for growth beyond cigarettes, including cigars, snuff, a stake in SABMiller, and e-cigarettes. However, those businesses are still dwarfed...its core business is rock-solid, dividends will keep rising, and its smaller segme

The odds have climbed to 90 percent for federal approval of Reynolds American Inc.’s $27.4 billion offer for Lorillard Inc., a Wells Fargo Securities analyst said Monday. Bonnie Herzog raised her projection from 80 percent based in large part from recent

Dr Reilly wrote to Finance Minister Michael Noonan last month after being informed that the State has investments worth €10m in tobacco companies through the National Pension Reserve Fund (NPRF). The Dublin North TD and former Health Minister highlighte

The Government was yesterday accused of double standards and ‘complete hypocrisy’ in its fight against tobacco after it emerged that the State has multimillion-euro investments in the tobacco industry.

The NPRF is already precluded from investing in armaments. There is no reason why this list can't be extended. Some of the most successful national pension funds, such as that in Norway, operate quite profitably under strong ethical investment principles.

Stocks of Godfrey Phillips India were down by 1.90 per cent, while VST Industries fell by 0.86 per cent on the BSE. Finance minister Arun Jaitley on Saturday came down heavily on smokers and tobacco consumers with a steep increase in excise duty.

But there is a silver lining ... A common Goods and Services Tax (GST) is set for implementation from 1 April 2016. Reports had indicated that tobacco products will be part of GST. That may eliminate distortions created by arbitrary state levies on cigare

Dear Shareholders: I think sometimes about those who invested in tobacco company stock when those giant companies first went public. Fortunes were realized in those investments. According to some analysts, our new industry, electronic cigarettes, will o

Strong stock performance relative to comps due to lower exposure to emerging markets’ currency headwinds.... Reynolds/Lorillard deal creates an oligopoly in the US market; Imperial Tobacco to benefit from price increases and operational savings.